Hongshan Capital Venture 2010 Fund, L.P.
HongShan · adviser of record: Hongshan Capital Advisors Limited · 2011 vintage
Hongshan Capital Venture 2010 Fund, L.P. is a 2011 venture fund managed by HongShan. It reported $285mm in gross assets at year-end 2025, against a peak of $1.48bn in 2020.
- Latest value held
- $285mm year-end 2025
- Peak
- $1.48bn year-end 2020
- Fund size
- Not on file
Value held by year-end
Gross asset value reported on Form ADV at each year-end. Open in the Fund Tracker
| Year-end | Gross assets | ÷ size | Change |
|---|---|---|---|
| 2025 | $285mm | – | -25% over 2 yrs |
| 2023 | $381mm | – | -10% |
| 2022 | $423mm | – | -57% |
| 2021 | $986mm | – | -33% |
| 2020 | $1.48bn | – | +72% |
| 2019 | $859mm | – | +21% |
| 2018 | $707mm | – | -23% |
| 2017 | $923mm | – | +26% |
| 2016 | $730mm | – | -20% |
| 2015 | $907mm | – | +27% |
| 2014 | $715mm | – | +37% |
| 2013 | $521mm | – | +77% |
| 2012 | $295mm | – | +59% |
| 2011 | $185mm | – | – |
What public pensions report
| Investor | As of | Commitment | Cash back (DPI) | Total (TVPI) | Still held |
|---|---|---|---|---|---|
| University of California | 2024-06-30 | $6.7mm | 4.72x | 5.72x | 1.01x |
Latest report from each pension, as multiples of paid-in capital. Where a pension reports only the value it holds, that value is shown in dollars under Still held. Linked dates go to the pension’s report.
Other funds from HongShan
- Hongshan Capital Venture Fund IX, L.P. 2022
- Hongshan Capital Seed Fund III, L.P. 2022
- Hongshan Capital Venture Partners Fund IX, L.P. 2022
- Hongshan Capital Venture IX Principals Fund, L.P. 2022
- Hongshan Capital Seed III Principals Fund, L.P. 2022
- Hongshan Capital Seed Partners Fund III, L.P. 2022
- HSG Innoventure, L.P. 2021
- Hongshan Capital Venture Fund VIII, L.P. 2020
- Hongshan Capital Seed Fund II, L.P. 2020
- Hongshan Capital Venture VIII Principals Fund, L.P. 2020
- Hongshan Capital Venture Partners Fund VIII, L.P. 2020
- Hongshan Capital Principals Seed Fund II, L.P. 2020
About these numbers
Gross asset value is what the manager reports holding in the fund at each fiscal year-end, on SEC Form ADV, Schedule D. It includes the GP’s own commitment and is before carried interest, so it is not the LPs’ net return, and it does not show cash already distributed. A fall in value can mean distributions, markdowns or both. Fund size is the amount sold reported on Form D, which for some funds reflects only a first close. Private fund ID 805-5294182497. Data updated October 13, 2026.
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